GINI
The GINI index represents the gap between very wealthy families and very poor ones. A low GINI index means more equality in the country while a higher one means less equality and a bigger gap. Canada, Australia and most of Europe have very low indices while places like Brazil, Chile and Namibia have extremely high ones.
PI and HDI
The PI index represents the risk of poverty in a country. A low PI index means the country is in extreme risk while a higher one means the country is at less of a risk. The HDI measure four different rates to come up to one summary measurement. These three are life expectancy at time of birth, adult literacy, gross enrollment ratio in schools and GDP per capita.
High KOF Index but Low Gini Index
1. Canada
2. France
3. Finland
1. They are very socially globalized which in turn lowers the GINI
2.
3.
Low KOF Index but High Gini Index
1. Niger
2. Colombia
3. Botswana
1. Limited opportunities to benefit from other countries
2. May have civil wars
3.
Increase in Globalization and increase in HDI
1. Kazakhstan
2. Egypt
3. Thailand
1.
2.
3.
Increase in Globalization but still at risk of poverty
1. Guinea
2. Ethiopia
3. Mali
1.Sudden Globalization impacts small businesses.
2. Inflation
3. Country polices allow global businesses in but the money doesn't stay in the country.
GINI
The GINI index represents the gap between very wealthy families and very poor ones. A low GINI index means more equality in the country while a higher one means less equality and a bigger gap. Canada, Australia and most of Europe have very low indices while places like Brazil, Chile and Namibia have extremely high ones.
PI and HDI
The PI index represents the risk of poverty in a country. A low PI index means the country is in extreme risk while a higher one means the country is at less of a risk. The HDI measure four different rates to come up to one summary measurement. These three are life expectancy at time of birth, adult literacy, gross enrollment ratio in schools and GDP per capita.
2. France
3. Finland
2.
3.
2. Colombia
3. Botswana
2. May have civil wars
3.
2. Egypt
3. Thailand
2.
3.
2. Ethiopia
3. Mali
2. Inflation
3. Country polices allow global businesses in but the money doesn't stay in the country.